The Payment industry is listing 6 major “Payment Scheme”: VISA, MASTERCARD, AMEX, DISCOVER, CHINA UNIONPAY, & JCB. All these schemes are using CARDS & MPOS. All retailers & users are milked by unfair transaction fees when data are not secure, and they are sometimes illegally used. None of these schemes are using my new technologies. $Pay Rem Inc will disrupt this industry as MPOS will not be an obligation anymore for retailers who will enjoy new services and new business models dividing dramatically their actual costs.
Combination of new technologies, new services and new business models will offer a percentage of the entire payment market to $Pay Rem payment system. Market Capital Value of VISA is $477Bn & MASTERCARD is $379Bn. Being considered as the 7th payment scheme, (and first payment technology), is a guarantee of high capital value for $Pay Rem new payment system.
Being a graduate from Harvard Business school where I studied Financial Technology along with my tenure in the aviation industry; I’ve learned the value of technology, time, money and the service to others.
The Covid-19 pandemic that ushered in the Coronavirus era, has highlighted the importance of mobile and electronic money transfer; sadly Coved-19 has shown us how sometimes handling or using cash money can be risky ; nevertheless, that is why $Pay Rem’s mobile application is important platform for businesses, families, coworkers and friends. At this area of Fintech with Artificial Intelligence, Machine Learning, Blockchains, Robot Advisors, we are glad to come with next generation payment system using acoustic/sound, codes and biometrics.
I am proud to work with a team from different background, great skills and expertise as well as good ethics. For Africa, our goal is to make always Africa part of the revolution of the payment system which will impact positively the communities with less resources. For the world, our vision is to change it with our next generation payment system.
As the President and Founder for Africa, my vision is to position the company as one of the top 3 payment services companies in the continent.
The roadmap for the vision is well articulated and will leverage people and technology to achieve it.
Our goal is to provide efficient, affordable, and customer-centric payment and money transfer services to Africans using cutting-edge technology to simplify the complex processes in payments and money transfer services in the continent.